China lender ICBC backs Xi's private-sector push with $11bn tech fund

China lender ICBC backs Xi’s private-sector push with $11bn tech fund

SHANGHAI — The Industrial and Commercial Bank of China, the country’s largest state-owned lender, is setting up an 80 billion yuan ($11 billion) fund to support private-sector technology companies following Beijing’s focus on private enterprises as fuel for economic growth. ICBC’s technology and innovation fund will make equity investments in companies and provide other forms of…

Read More
Lancaster restaurant named one of the most romantic in US: Top 5 most-read stories Jan. 27 - Feb. 2 [ICYMI] | Local News

Lancaster restaurant named one of the most romantic in US: Top 5 most-read stories Jan. 27 – Feb. 2 [ICYMI] | Local News

Each Monday, our digital team takes a look at last week’s top stories on LancasterOnline. We look at news, sports, business, life, culture and local history. Here are the most-read stories between Monday, Jan. 27, and Sunday, Feb. 2. 1. Lancaster city restaurant is one of the most romantic in US, according to OpenTable list If…

Read More